Ten Years in the Crypto World: Starting with 50,000 to Support a Family, Breakthroughs Depend on These 4 Tips!
After ten years of hard work in the crypto world, I turned 50,000 capital into a living by trading cryptocurrencies. I've tested 80% of the market's technicals. Want to use crypto trading as a 'second income'? Here are the 'volume-price-time-space' secrets for making judgments and breakthroughs, saving you at least five years of detours!
🔥【Volume】: Volume increases in two phases, the second one is the golden opportunity!
Don't rush in just because of increased volume! After a long period of sideways movement, the first increase in volume is a 'test' (the main force measures selling pressure); chasing in at this time will lead to being washed out. Wait for the pullback to end, and the second volume increase for a rise is the real opportunity—after the main force washes out retail investors, they will unleash their full force, greatly increasing the winning rate for follow-ups!
📌【Price】: The closing price is the 'truth mirror'!
To judge the authenticity of a breakthrough, don’t focus on intraday fluctuations! Check if the closing price stabilizes above the resistance level: intraday spikes followed by pullbacks don’t count; only a stable closing above the resistance level indicates that the main force is 'serious'; otherwise, it’s just a trap to lure in buyers, so hurry and run!
⏳【Time】: The longer the sideways movement, the more 'tricky' it becomes, but it must meet two conditions!
Before a breakthrough, the price must have a shrinking volume and remain flat for over three months + chip concentration < 10%. Sideways movement is the main force 'grinding chips', exhausting retail investors' patience, holding all the chips in hand, which will lead to a subsequent rise that will 'soar'!
🎯【Space】: Find the right resistance level and calculate the increase with your eyes closed!
Resistance levels fall into three categories: ① Previous high drop points ② W-bottom/head and shoulders necklines ③ Whole numbers, like 10U, 50U… Once found, at the moment of breaking through the resistance level, you can predict the increase, for example, if the resistance level is 50U, after breaking through, at least look for 60U!
The above is the core logic of breaking through sideways movement! I've stripped down the 'Crypto Trading Pitfall Notes' from my ten years of review, filled with 'false breakout signals' and 'main force washout tactics'. Like + follow, and next time I’ll send you solid content directly!
—— Veteran of the Crypto World · A Survival Guide Earned Through Ten Years of Hard Work
